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Real Estate Massachusetts Real Estate Salesperson Sample Questions:

1. A buyer is purchasing a 3-acre property and is paying $12,000 per acre. The cooperating fee is 3½% of the sale price. The buyer's agent will receive 55% of the cooperating fee from a broker. How much commission did the buyer's agent receive?

A) $693
B) $231
C) $1,260
D) $1,386

2. Which of the following groups are protected under the Massachusetts Fair Housing Laws?

A) Sex offenders
B) Students
C) Smokers
D) Public assistance recipients

3. The Massachusetts Consumer Protection Act requires that

A) The seller's information be kept confidential.
B) The seller disclose all offers received.
C) The buyer be informed of all offers.
D) The broker disclose known material defects.

4. The Massachusetts State Sanitary Code requires

A) A stove in good repair in any rental unit.
B) The property owner to provide a refrigerator in working order.
C) Separate meters for all heating and electric systems.
D) Tenants to pay for their own water and/or sewer costs.

5. If a deed creating a tenancy in common does NOT state the fractional interest of each co-owner, it

A) becomes a joint tenancy.
B) must be determined by a majority vote of the tenants.
C) is void.
D) is presumed each owner has an equal interest.

Solutions: